secwatch.observer — SEC 8-K summary
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Issuer:     ECOLAB INC. (ECL)
CIK:        0000031462
Form:       8-K
Filed at:   2023-02-14T23:59:59+00:00
Accession:  0001558370-23-001231
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 2.05, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ecolab Q4 adjusted EPS $1.27, -1% YoY; expands cost savings program to $175M
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- Reported sales $3.67B (+9% YoY); adjusted fixed currency sales +12%.
- Reported EPS $0.93 vs $1.04; adjusted EPS $1.27 vs $1.28, -1%.
- Expanded cost savings program to $175M annual pre-tax savings; expects $195M pre-tax charges by end 2024.
- Q1 2023 adjusted EPS guidance $0.82-0.90 vs $0.82 last year; full-year expects double-digit adj. op income growth.
- Free cash flow conversion 97% for FY 2022; repurchased ~0.5M shares completing $500M program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/31462/000155837023001231/0001558370-23-001231-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/31462/000155837023001231/ecl-20230214x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-001231

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